Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) shares, rose in value, with the stock price up by 0.30% to the previous day’s close as strong demand from buyers drove the stock to $67.20.
Actively observing the price movement in the recent trading, the stock is buoying the session at $67.00. The PE ratio was 23.47 over 12-month period. Referring to stock’s 52-week performance, its high was $67.55, and the low was $45.94. On the whole, BUD has fluctuated by 9.82% over the past month.
With the market capitalization of Anheuser-Busch InBev SA/NV ADR currently standing at about $117.83 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.05, with its dividend yield at 1.56%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 60.31B, with a low estimate of 15.16B and a high estimate of 15.52B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 15.36B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BUD’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.38, with the price of BUD currently trading nearly 2.77% and 6.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.15, while the 7-day volatility ratio is showing 1.07% which for the 30-day chart, stands at 1.43%. Furthermore, Anheuser-Busch InBev SA/NV ADR (BUD)’s beta value is 0.83, and its average true range (ATR) is 1.14.
A comparison of Anheuser-Busch InBev SA/NV ADR (BUD) with its peers suggests the former has fared considerably weaker in the market. BUD showed an intraday change of 0.30% in today’s session so far, and over the past year, it grew by 10.95%%.
Data on historical trading for Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) indicates that the trading volumes over the past 3 months, they’ve averaged 2.49 million. According to company’s latest data on outstanding shares, there are 1.75 billion shares outstanding.
Nearly 0.00% of Anheuser-Busch InBev SA/NV ADR’s shares belong to company insiders and institutional investors own 6.29% of the company’s shares. The stock has risen by 34.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BUD stock heading into the next quarter.
